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Setting Your Marriage Up for Financial Success


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When my husband and I met, we realized quickly that we both had different money habits. We both wanted to get on the same page so we decided to go through Dave Ramsey’s Financial Peace University. We both had debt and realized this could present some pressure on our marriage and we wanted to make sure we had a good start.

Financial problems in marriage is one of the main common marriage problems. As the saying goes “money is what makes the world go round” and not being able to spend money on the things you want to spend it on significantly increases the levels of stress in a relationship. The reality is, you need money to pay for your basic needs and you need money to put away for your future. If you owe too many people and companies, you won’t have enough for your future and the future of your children.

It is particularly hard when couples:

  • First get together after having it easy living at home.
  • Have experienced living on their own well into adulthood.
  • Have children or having a new baby.
  • Have to live off one income because one person lost their job.
  • Have let their finances get out of control.
  • Have the responsibility of taking care of aging parents.

You must have more coming in than going out. It is so easy for spending to get out of control. I know so many people who just spend and spend, leave nothing for a rainy day and get deeper and deeper into debt. This is one thing Nate and I discussed early in our relationship. He will admit that he would spend money taking care of everyone else but himself and his future. He realized the importance of  always keep a little back as it avoids all the stress when that unexpected bill comes in!

When money is short, stress levels rise and with increased stress levels comes the constant bickering, the blame culture and other relationship issues start to arise. Financial problems in a marriage just compound marital problems and small things that were never previously an issue start to come to a head.

Husbands and wives must be on one accord and in agreement as it relates to how to handle finances. When husband and wife do not have the same opinions as far as the family finances are concerned, financial problems in a marriage become a far greater issue. The couple needs to understand that personal finances have to be managed, expenditure planned and bills met even in harder times. They need to learn to focus on the real issue at hand, which is money, and not start picking at other aspects of the marriage which wouldn’t have previously been a problem.

I’m not saying it’s easy. Trying to get your spouse to curb their spending habits is difficult especially when you can’t see light at the end of the tunnel but, if you don’t take control of your finances the problem will just escalate and escalate until it is totally out of control.

You have to stop living beyond your means, take control of your finances now and make sure you understand what cash is coming in and what is going out. Write it down, see it in black and white and then eliminate as much of the unnecessary expenses and debt as you possibly can.

Consolidate any loans you may have but look at the small print, don’t go to companies that are going to rip you off, make sure you shop around. Choosing the wrong loan can be extremely costly and mean more time paying it off. Every penny spent on interest is money that could have been yours to do with as you please!

Set your budget so you can cover repayments plus a bit more, find ways to cut back and stick to it. If you can cope with paying the loan back quicker then do it. It may be hard in the short term but in the longer term it delivers exceptional rewards. Remember, higher repayments means less interest and more money in your pocket at the end of time!

Oh! And if you want to resolve financial problems in a marriage don’t forget one golden rule that will sort your finances out that much quicker – limit credit cards. If you have to have one then limit it to the one and clear the balance at the end of the month.

Don’t leave debt on your credit card unless of course its 0% finance – remember 0% means money in your pocket. Again don’t miss the small print and end up paying interest on everything you buy thereafter – transfer your balance onto a new card, make use of the 0% finance but don’t buy anything else using that card.

If you can’t stick to the rules and only spend what you can easily clear at the end of each month rip up every card you have. Don’t increase the amount you owe!!

If you want to save your marriage resolve those financial problems before they take over your life.


Has your marriage experience financial strain due to your different financial philosophies? Share how it impacted your marriage and how you were able to move past it.

Tags : common marriage problemsfinancial problems in marriagesave your marriage
Kesha Holloway

The author Kesha Holloway

Kesha Holloway is the founder of Living in Your Sweet Spot. She is passionate about being a wife and mother and desires to align herself with women equally passionate about their families. She believes the woman is the backbone of the family unit and it's her mission to help lift women to achieve their purpose.


  1. Such wonderful consciousness to enter in a marriage together with the awareness of how money impacts your relationship. I’ve never known about Ramseys Financial Peace University, and will not recommend it to young couple I know who are typing the knot.

  2. Money can lead to many issue, be it family relationship or friendship. Your guide has make people aware especially couple who started to have their home. Plenty of useful information !

  3. I love this because money can definitely present a problem in a joining of two individuals who have different ways of looking at money especially since marriage is much more than just the expensive wedding day. Great post.

  4. I couldn’t agree more Kesha. Bad money decisions ultimately makes for a bad marriage. Ramseys Financial Peace University sounds really interesting though. I’m glad there’s something like that out there that helps young couples tackle money issues early on before things spiral out of control

  5. I feel like I can totally see your words playing out with for example, my parents marriage. they always kept things simple, had a simple wedding and saved up for the house and all that… I hope that The financial awareness my mother has really passes down through me as well 🙂

  6. I think interlinking your finances with anyone can bring with it a lot of areas for disagreement. Budgeting, talking regularly and tackling the problem head-on is the best approach in my experience.

  7. Money can cause a lot of problems as well as solve problems right? I think knowledge of financial success, knowing how to handle money as a team works. Awesoem post.

  8. I’m single with no plans of moving in with anyone any time soon but these are all really helpful and interesting points. My last relationship could have benefitted from some of these ideas, I’m pretty good with money but my ex wasn’t. Being the only one resposnsible with finances is really hard.

  9. My hubby and I definitely have money differences. We were both adults long on our own when we got together. He loves to buy gadgets, but I’m a bit of a miser. I couldn’t agree more with the credit card advice. Get that debt paid off. Consolidate. Look for the zero% introductory.

  10. Managing money wisely is the biggest challenge. You have given wonderful tips which should be kept in mind for good financial planning. Not only as couple but even as single money part is most important to be taken care of.

  11. I think financial success in marriage is both hard but the most important to get right, you have to be on the same team so learning to work together really helps. You gave some really sound advice to anyone looking for help

  12. this article is so insightful! I agree with with your view and I value your tips! I also understand it belongs to a different reality from mine. In fact ,”mentality” is something that changes between cultures and also countries, of course, there is a “spending mentality”. In some countries people are incited to save, wheres in the others, people are incited to spend!

  13. My husbands and I have a lot of discussions about a lot of things but money is one area we are in completely agreement. We have different savings accounts for different purposes and we never touch them. I manage the micro and he manages the macro and so far we feel have a handle on things. Although I think ALL new couples should read your post.


  14. I definitely struggled with this going into my marriage. Luckily my husband is very good with the financial stuff. I don’t work, and that was an adjustment for me after having my son. There were so many things I wanted for him but didn’t have the income for. I found myself using credit with the intentions of ‘paying myself back’ but there was no money coming in for that anymore. It’s a tough cycle to break!!

  15. Even though this post was geared to married couples, it can be applicable to singles as well. Especially regarding whats going in vs. what goes out and management of debt. I loved Dave Ramsey’s Financial Peace University… thinking about cycling through it again now that I am in a better financial position.

  16. I’m not married, but I know how important it is to have finances under control. I manage my money pretty well, but I think it’s really important to establish financial habits early on. A couple I went to college with used this program and it really helped them.

  17. Oh gosh, your post really hit home with me. Although I’m not married or in a relationship, I have seen how having different attitudes about money can contribute to the failure of a marriage. This Financial Peace University sounds like a great opportunity for couples!

  18. I am so glad to see that this post had an impact on you! Finances can destroy a relationship or marriage. Single people have to ask important questions in order to protect themselves from a future disaster.

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